Overseas:
2. American Express is acquiring a CRM and reservation platform Resy
3. Instacart and Whole Foods officially part ways, and the CEO says he’s ready
4. Madrona Venture Labs raises $11M to build companies from the ground up
5. WeWork is starting a $3 billion fund to buy stakes in buildings and rent them back to itself
6. Warren Buffett’s Berkshire Hathaway reveals $900 million Amazon stake
9. With $12 million more in the bag, the furniture subscription service Feather heads to Los Angeles
10. Alphabet is funding a new way to reduce heart disease, the leading cause of death in the US
11. Mindset Matters: How Venture Capitalists Are Reshaping The Landscape Of Mental Health
China:
1. China’s PC gamers will exceed US population in 2023 with around 354 million PC online gamers: report
2. Alibaba returns to growth with revenue up 51% to $13.9 billion
4. Hello TransTech (formerly Hello Bike) seeking up to $1 billion in new round of financing
Cross border:
1. VC firm Accel closes $575M fund to double down on European and Israeli Series A deals
2. HK-based Hillhouse Capital backs $60m investment into US fintech firm Trumid
3. How Google’s Work With Motorbike Riders In India Demonstrates Its Plan For Emerging Markets
Emerging Market:
2. Singapore travel wallet YouTrip raises $25.5m in pre-series A round
Image credit: Inc42